Clear Breakout Trade Plan On UJ
Hello Traders
Back with another tactical trade plan
Today we take a closer look at USDJPY that has just broke out from an uptrend momentum.
The overall trend is still bearish even though previous upside impulses had some impact but didn't change the overall sentiment.
Here my entry point is based on the retracement on the break out point.
If there is further spill this trade idea will be rejected so further downside without any retracement whatsoever is also a possibility .
We are expecting things to play out in the exact same way as the trend lines and arrow projections indicate otherwise the trade plan will be cancelled.
Traded safe trade well
Back with another tactical trade plan
Today we take a closer look at USDJPY that has just broke out from an uptrend momentum.
The overall trend is still bearish even though previous upside impulses had some impact but didn't change the overall sentiment.
Here my entry point is based on the retracement on the break out point.
If there is further spill this trade idea will be rejected so further downside without any retracement whatsoever is also a possibility .
We are expecting things to play out in the exact same way as the trend lines and arrow projections indicate otherwise the trade plan will be cancelled.
Traded safe trade well
עסקה פעילה
Even though price went lower and then retraced eventually reached the price I was aiming for.העסקה בוטלה באופן ידני
Resistance level acted up once again confirming my initial direction.But the price is fluctuating around said level without going for a clear direction.
Even though eventually the price might still reach the target my setup was invalidated from the past two days price action.
הערה
What a turn of eventsWhen I thought that the bears lost power and exited the trade massive drop happened.
Lesson: Hold on to your feelings
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.